Printer Friendly

More Income for Households Headed By a Salaried Employee, 2000-2016.

Since 2012, the gross income of all households headed by a salaried employee increased by 10-17%. This follows a "lost" decade--2000 to 2011 -- during which the gross income of households headed by a salaried employee remained unchanged or increased only marginally.

One key reason for the higher income of employee-headed households was the additional breadwinners, who were particularly significant for income deciles 2-5. Increases were also evident in the high income deciles, in the wake of higher salaries in high-tech jobs as well as more capital income. (20)

Several increases to the minimum wage were significant factors in the higher gross income of the lower-income deciles. This began in March 2015, when it was NIS 4,650, and reached NIS 5,300 in December 2017.

Gross Income of Households Headed by a Salaried Employee, 2000-2016
In NIS at 2016 prices

Decile  Previous classification  New classification
          2000   2011             2012     2016

 1       4,102   4,204            4,259   4,898
 2       6,599   6,512            7,042   7,862
 3       8,479   8,371            9,167  10,406
 4      10,357  10,376           11,207  13,107
 5      12,370  12,632           13,463  15,712
 6      14,722  15,183           16,110  18,819
 7      17,776  18,172           19,332  22,605
 8      21,997  22,351           23,814  27,440
 9      28,573  28,403           31,007  35,345
10      48,650  46,707           53,469  58,846

Decile  Percentage change
        2011-2000  2012-2016

 1       2.5%      15.0%
 2      -1.3%      11.6%
 3      -1.3%      13.5%
 4       0.2%      17.0%
 5       2.1%      16.7%
 6       3.1%      16.8%
 7       2.2%      16.9%
 8       1.6%      15.2%
 9      -0.6%      14.0%
10      -4.0%      10.1%

Source: Adva Center analysis of CBS, Income Surveys, various years;
Household Income and Expenditures Survey, various years.
COPYRIGHT 2018 Adva Center
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:SOURCES OF HOUSEHOLD INCOME
Publication:Israel: A Social Report
Date:Jan 1, 2018
Words:311
Previous Article:Gross Income of Households Headed by an Employee, 2016.
Next Article:Large Gaps Continue Between Economic Growth and Wages.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters